Monopsonies – dominant purchasers – need to be restrained as much as monopolies – dominant sellers. That is what pay equity ...

Four eighty-year-old books which are still vitally relevant today. Between 1942 and 1945, four refugees from Vienna each published a ground-breaking – seminal – book.* They left their country after ...

Should we pursue a ‘Golden Rule’ where any public borrowing for consumption is temporary? This columnist is a fiscal conservative who is cautious about government borrowing for public consumption. I ...

Does the Autumn 2024 British budget point to a change in fiscal strategies? Many countries found their fiscal position was unsustainable, following the 2008 Global Financial Crash. Their public ...

A major American study suggests they are not? This column is about the white working class. In the US 2024 elections they mainly voted for Donald Trump. Had they voted with the white middle class, ...

While many of the world’s Christian religions seem preoccupied with personal issues that Jesus, their founder, barely touched upon, they must engage with economic issues too. Robert Prevost, chose the ...

The recent reduction in the US credit rating signals that market lenders are not happy with the US fiscal arrangements. New Zealand’s lower rating is a warning that we could do better too. Fitch ...

It is said that economists know the price of everything and the value of nothing. That may be an exaggeration but an even better response is to point out economists do know the difference. They did ...

Do we treat the government finances with the common sense that household’s manage theirs? It is a commonly held view that we should treat the government as if it is a prudent household. We don’t when ...

She may have progressed our understanding of women in the economy but that has not resolved all the issues. A woman who was once chief executive of New Zealand’s biggest company said ‘It is true that ...

While doing some unrelated work, I came across some international data on the healthcare sector which seemed to contradict my – and the conventional wisdom’s – view of the healthcare sector. Broadly, ...